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Copper Futures Drops By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.71% for the last 10 sessions. At 19:50 EST on Wednesday, 13 December, Copper (HG) is $3.77.

Volume

Today’s last reported volume for Copper is 35093, 99.99% below its average volume of 11063443783.17.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.76%, 0.30%, and 0.84%, respectively.

Copper’s highest amplitude of average volatility was 1.20% (last week), 0.99% (last month), and 0.84% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be overbought (>=80).

News about

  • Crude oil forecast: looks for buyers – 12 December 2023. According to DailyForex on Tuesday, 12 December, "The West Texas Intermediate (WTI) Crude Oil market displayed a degree of noise and choppiness during Monday’s trading session, reflective of its ongoing stabilization efforts. "
  • According to FXStreet on Monday, 11 December, "This, in turn, is seen as a key factor acting as a tailwind for Crude Oil prices. ", "West Texas Intermediate (WTI) Crude Oil prices edge higher during the Asian session on Monday and look to build on last week’s modest recovery from the $69.00/barrel mark or the lowest level since June 29. "

More news about Copper (HG).

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